FFAI vs UTZ: Correlation
Faraday Future Intelligent Electric Inc. (FFAI) and Utz Brands Inc (UTZ) show a strong relationship: their 3-year correlation of weekly returns is 0.76.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are FFAI and UTZ?
On 3 years of weekly data the FFAI/UTZ correlation comes out at 0.76, strong. Lately the two have moved closer together, with the 1-year correlation at 0.93 versus 0.76 over 3 years. The 5-year figure is 0.70, and annualized covariance runs at 150671.3 %².
Among the 17 assets we track against FFAI, UTZ ranks #8 by 3-year correlation. The trailing year gives UTZ the advantage: -2.1% versus +8.3%, a 10.4-point spread. Note the risk asymmetry: FFAI runs 45.6 times the annualized volatility of the other leg, so equal-weighting the two is not an equal-risk position.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
FFAI vs UTZ: side by side
| FFAI (Faraday Future Intelligent Electric Inc.) | UTZ (Utz Brands Inc) | |
|---|---|---|
| 1-year return | -2.1% | +8.3% |
| 5-year return | -100.0% | -16.7% |
| Volatility (ann.) | 3004.8% | 65.9% |
| Beta vs S&P 500 | -1.32 | 0.07 |
| Max drawdown (3Y) | -100.0% | -63.8% |
| Market cap | – | $2.0B |
| P/E (trailing) | – | – |
| Dividend yield | 0.00% | 2.62% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | FFAI | UTZ |
|---|---|---|
| 2022 | -94.5% | +0.9% |
| 2023 | -99.0% | +3.9% |
| 2024 | -91.2% | -2.1% |
| 2025 | -58.0% | -32.3% |
| 2026 | +128.4% | +39.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are FFAI and UTZ good diversifiers for each other?
To a limited degree. At 0.76 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
FAQ
What is the correlation between FFAI and UTZ?
The FFAI/UTZ correlation stands at 0.76 on a 3-year window (1 year: 0.93, 5 years: 0.70), computed from weekly returns as of 2026-08-27.
Is UTZ a good diversifier for FFAI?
To a limited degree. At 0.76 the two still catch most of the same waves, so the pair smooths returns a little without insulating either from a shared selloff.
What does a correlation of 0.76 mean?
A reading of 0.76 sits on a scale from −1 (opposite moves) through 0 (unrelated) to +1 (identical moves). Correlation captures direction, not magnitude or performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/ffai-vs-utz.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/ffai-vs-utz/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: FFAI correlations · UTZ correlations
